capital gain

211 views 28 replies
m sry it's not self generated it's purchased
Replies (28)
m sry it's not self generated it's purchased
ok.. understood
indexed COA = 2,50,000 X 1125/100
capital loss = 312500
ur solution is wrong. acc. yo ur explanation if
250000×1125/100 = 2812500
don't behave like 2nd std student..!!!
Sale consideration - 25,00,000
less - indexed COA - 28,12,500
Long term capital Loss - 3,12,500.
thank u.....
😐😐😐😐
But I think it's wrong answer.
coz as per provision Indexation should be done on FMV as on 01.04.81.
if i will do on FMV basis my answer will be
500000×1125/100=5625000
5625000-2500000=3125000
Yes...it's correct answer.
thay may forget to print O in solution.
okkk... thank u
welcome :)
🤗🤗🤗
👍👍👍


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register